Petro-Canada Says Natural-Gas Strike
In Alberta Is Among Company's Best

a Wall Street Journal Staff Reporter

Updated Jan. 21, 1999 12:01 a.m. ET

Petro-Canada , one of Canada's largest petroleum companies, said it has drilled one of its "best natural gas wells ever" in Alberta. At a time when many North American oil and natural-gas producers are taking large risks to pursue big overseas-exploration prospects, Petro-Canada's discovery underscores the significant potential size of some of Canada's remaining gas deposits.